Saudi Arabia
MEFTECH 2019 To Support Fintech Ecosystem Growth in Saudi Arabia
MEFTECH, the Banking & Financial Technology event in the MENA Region, returns to Riyadh from 24th to 25th February 2019 at the Four Seasons Riyadh for its second edition in the Kingdom. MEFTECH is initiated by mada, the national payment
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After Banning Crypto Saudi Arabia Plans Central Bank Digital Currency
After banning the trading of cryptocurrencies, Saudi Arabia is now developing a blockchain-based digital currency in collaboration with the United Arab Emirates (UAE). The central banks of the two countries are planning to run a pilot of a shared digital
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Saudi Customs Tracking via Blockchain Solution
As part of its blockchain pilot program, Saudi Customs, with its IT partner, Tabadul, oversaw the integration of FASAH with TradeLens, a blockchain-enabled global shipping solution jointly developed by Maersk and IBM. FASAH is Saudi Arabia’s national platform which connects
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Saudi’s Capital Market Authority FinTech ExPermit Batch Applications Are Closing Soon
In a bid to promote fintech innovation in the capital market, the Capital Market Authority (CMA) is accepting applications for the second batch for the Financial Technology Experimental Permit (FinTech ExPermit) that is closing soon—on the 15th of December 2018. The FinTech
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New Report Examines Saudi Arabia’s Digital Government Ambitions
As digital transformation continues to play a fundamental role in shaping the way governments across the world adapt to new opportunities and challenges, International Data Corporation (IDC) has published an in-depth analysis to spur debate, share data, highlight best practices,
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Saudi Arabia Sovereign Fund Puts a Further US$45 Bil into Japan’s SoftBank
Saudi Arabia’s fledgling sovereign fund is putting in a further US$45 billion into Matsumoto Son’s famed Softbank, which in turn holds known technology companies like Alibaba, Sprint, Uber, Didi Chuxing, WeWork, Nvidia, and many others. This money follows a previous
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Saudi’s Oldest Bank Embraces Ripple’s Blockchain
Following Ripple’s recent pilot with the Saudi Arabian Monetary Authority, the National Commercial Bank (NCB) has joined RippleNet. NCB was the first bank established in the country; today, it’s one of the largest financial institutions in the Middle East with more than 5.4
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Middle East: Where To Stay At While Attending these 7 Fintech Events
Whether you’ve registered your for these upcoming fintech events, or are still considering whether to attend, booking your accommodation early is always advisable in order to ensure a hassle-free trip. Here are some of the closest hotels to the conference venues;
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SAP: Saudi Arabia Ranks as Top Digital Banking Market in Middle East and North Africa
As Saudi banks digitally transform, the Kingdom ranks as the top digital banking market in the Middle East and North Africa, with more than three-quarters of banking customers using online or mobile apps, industry experts announced today. In a recent
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Mastercard and mada Partner to Enable Online Payment Transactions in Saudi Arabia
mada, Saudi Arabia’s domestic payment network, and Mastercard announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a
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